“The demand was there for a $40,000 all-electric truck that could go up to 500 miles with the extended-range version. What Tesla delivered is an $80,000 truck, which went down to $60,000 briefly, that gets up to 320 miles of range. … The main thing that has disappointed everyone is overpromising and under-delivering on price and capacity.”
Electrek · Climate & Energy · November 2026
Context
Lambert was explaining why Tesla is ending Cybertruck production, after noting many people blame its design or politics. He argues the original reservations were for a much cheaper, longer-range truck than the one Tesla shipped.
Transcript
…Musk, what he actually announced, because a lot of people are like, hey, it's not actually the end. He's in winding down. Tesla will be widing down production of the cyber truck at Giga Factory Texas around the middle of next year to make room for increased cybertruck production. That's a classic.
Increased cybertruck production?
…say because you just don't want to admit that the Cybertruck is not selling and it's going to end. So first of all, some of the numbers here. Let's talk about the numbers. Because I think for me, the core of this, because everyone is like, this is the design, the problem. The problem is Elon Musk and his politics. The problem is whatever. All these things have an impact on this year. But I think the main thing that has disappointed everyone is overpromising and under-delivering on price and capacity. Tesla had at least a million reservations for this truck. We know that. We think it's actually closer to 2 million based on the tallies that we covered before the launch. So the demand was there, but it was there for not what Tesla delivered. It was there for a $40,000 all-electric truck that could go up to 500 miles with the IN version. What Tesla delivered is an $80,000 truck, which went down…
I don't know. I think perhaps it's related to the election. Does that make sense?
That was not my first impression, but the timing is hard to ignore. And I just talked to a friend of mine who has a cyber truck, by the way, who's a fan of the vehicle. And he did this, he said the same thing to you. It's like the timing is too weird not to be a cyber not to be related to the…
Yeah, I mean, a couple of things to think about. One is that, you know, Tesla perhaps wants to kind of focus on, you know, its cyber cab a little bit more, maybe. I don't know. Like, I kind of think this thing was kind of dead for a while, but, you know, with no Texas or U.S. kind of led sponsor…
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